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      Kalshi Proposes First Never-Expiring Oil Futures Contract to CFTC

      Kalshi Inc., a designated contract market regulated by the Commodity Futures Trading Commission (CFTC) in the United States, has submitted a proposal for a perpetual futures contract linked to West Texas Intermediate (WTI) crude oil. If approved, this would be the first regulated perpetual oil futures product in the U.S., marking a significant innovation in the energy trading sector. The proposal was filed on or around October 7, 2026, and the CFTC has a 45-day review period to decide on its approval.

      The proposed contract is designed to allow traders to hold positions indefinitely without the need for periodic rollovers, which are typically required with traditional futures contracts that have set expiration dates. This could provide a more efficient trading mechanism for participants in the oil market, particularly during times of volatility, as WTI prices have recently fluctuated between $88 and $93 per barrel due to geopolitical factors.

      Kalshi's move follows the CFTC's approval of perpetual futures on cryptocurrency assets earlier in May 2026, indicating a broader strategy to introduce this trading format into various asset classes. The proposal arrives amid increased scrutiny from the CFTC regarding perpetual contracts tied to physical commodities, as other exchanges, such as CME Group, are also exploring extended trading hours for oil contracts. If successful, Kalshi's initiative could offer U.S. traders a regulated alternative to the offshore perpetual contracts that have dominated the market thus far.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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